108.20 +0.17 (0.16%)
Pre-Market: 7:28AM EDT
|Bid||107.05 x 100|
|Ask||108.70 x 200|
|Day's Range||107.52 - 109.33|
|52 Week Range||102.12 - 135.53|
|PE Ratio (TTM)||19.26|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||3.64 (3.36%)|
|1y Target Est||124.87|
FedEx Corp will screen every package at the Texas facility where a parcel exploded on Tuesday, according to a FedEx manager, describing extraordinary steps the company is taking in response to a series of bombings in the state capital. The package delivery company will also X-ray entire truckloads of parcels at its sorting facility outside Austin, and then divert them elsewhere for sorting and delivery, said the FedEx employee who was not authorized to speak on the record. FedEx spokesman Jim McCluskey said he had no immediate comment.
Millions of packages pass through FedEx and UPS facilities on a typical day, making it hard to prevent the type of explosion that rocked a FedEx sorting center in Texas early Tuesday.
Package delivery company FedEx Corp on Tuesday reported a higher quarterly net profit on revenue gains, strong volumes and changes to U.S. tax law even as it was hurt by peak holiday season costs and bad weather. Shares in the Memphis-based company, considered an indicator of U.S. economic strength like its main rival United Parcel Service Inc, initially rose 2.6 percent in after-market trade following the results but settled down about 1 percent. Higher peak-related costs, integration costs of its Dutch TNT Express unit, bad weather, and other factors sapped profit by about $170 million year-over-year, FedEx said.
The unauthorized access to 50 million users' data is a PR nightmare for the social media company, but it could hold Facebook back later in ways most watchers aren't considering.
UPS technology allows sellers to import orders from multiple e-commerce marketplaces Merchants benefit from simplified shipping process and price discounts Service speeds up e-commerce transactions. Online ...
Police closed in on the suspected Austin serial bomber not long after he transferred his campaign of terror to commercial shipping companies.
Airbus SE is considering building a freighter version of its slow-selling A330neo wide-body, spurred by requests from potential customers Amazon.com Inc and United Parcel Service Inc., according to people ...
UPS said it has deployed a "radical new charging technology" in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles without the need for the expensive upgrade to the power supply grid.
United Parcel Service Inc. (UPS) said it's moving forward in its machine learning capabilities by expanding its "chatbot" to Google Assistant. The chatbot lets customers retrieve information on package deliveries and other UPS services via the Assistant on Android phones, iPhones, smart speakers like Google Home and other compatible devices. The chatbot is designed for a conversational interface.
LONDON, March 19, 2018-- A UPS led consortium has deployed a radical new charging technology in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles without ...
Express service aimed at e-commerce shipments will start in major cities and will offer new competition for growing online commerce delivery to homes.
DHL is turning up the heat on UPS following an announcement Friday that it will be launching a delivery service for online retailers in eight U.S. cities, including Atlanta. The German logistics company said it will be "piloting a range of new technologies" in its U.S. operations, including DHL Parcel Metro, a service that uses customized software that lets DHL create a 'virtual delivery network" of local and regional contractors that will make same-day or next-day deliveries from retailers and fulfillment centers to homes. "For consumers, the service creates a seamless experience: an online and mobile interface allows consumers to track shipments in real-time, communicate special instructions to their courier, reschedule a delivery and rate their delivery experience," DHL said in a news release.
Shares of FedEx (FDX) have fallen year-to-date, as investors remain concerned that Amazon.com (AMZN), once a boon to it and rival United Parcel Service (UPS), has become a threat. The Bull, however, contend that FedEx bears are oversimplifying, and Oppenheimer's Scott Schneeberger is optimistic that FedEx will deliver the goods when it releases its earnings next week. Schneeberger, who reiterated an Outperform rating on FedEx today, believes that the company has executed well during the peak holiday season "delivering strong service levels as it seemingly achieved its operational/financial objectives." Given this, and the quality of FedEx's revenue and its focus on pricing, he anticipates that its Ground segment should see margins expand, as it leverages its growing automated network.
The German logistics company said it will be "piloting a range of new technologies" in its U.S. operations, including DHL Parcel Metro.